Not available in 2020/21
EC1A5 Half Unit
Microeconomics I
This information is for the 2020/21 session.
Teacher responsible
To be confirmed.
Availability
This course is compulsory on the BSc in Economic History. This course is available on the BA in Geography, BSc in Accounting and Finance, BSc in Economic History and Geography, BSc in Environment and Development, BSc in Politics, BSc in Politics and International Relations and BSc in Psychological and Behavioural Science. This course is available as an outside option to students on other programmes where regulations permit and to General Course students.
Course content
In this course, you will learn how to understand key tools from microeconomics and how these tools can be used to shed light on important contemporary economic questions in a range of different fields. You will discover the foundations of consumer and producer theory, competitive and monopolistic markets, market failures, welfare analysis, and some game theory. We will teach you how to understand important questions using a minimal amount of math (in particular no calculus). Instead, you will discover how a solid comprehension can be obtained by focusing on the key characteristics of the problem, by realizing what the relevant mechanisms are, by using graphs, and by developing a good intuition.
Teaching
20 hours of lectures and 10 hours of classes in the MT.
Formative coursework
There are weekly assignments and feedback will be given on two. Also Moodle quizzes.
Indicative reading
- Economics – Daron Acemoglu, David I. Laibson, and John A. List.
- The Economy, Economics for a changing world. The Core Team
Assessment
Exam (90%, duration: 2 hours) in the January exam period.
Class participation (10%) in the MT.
Important information in response to COVID-19
Please note that during 2020/21 academic year some variation to teaching and learning activities may be required to respond to changes in public health advice and/or to account for the situation of students in attendance on campus and those studying online during the early part of the academic year. For assessment, this may involve changes to mode of delivery and/or the format or weighting of assessments. Changes will only be made if required and students will be notified about any changes to teaching or assessment plans at the earliest opportunity.
Key facts
Department: Economics
Total students 2019/20: Unavailable
Average class size 2019/20: Unavailable
Capped 2019/20: No
Value: Half Unit
Personal development skills
- Self-management
- Team working
- Problem solving
- Communication
- Application of numeracy skills
